It’s never too early to start thinking about your 2025 taxes that you’ll file next year. This could be the year that you track things better than you did in 2024! There is huge value in tax planning throughout the year. Remember that there are some things you can only do before the end of the year. ▶️ Starting a 401K for your business ▶️ There's a sweet spot for S-corp with bonuses, but you really should give out your bonuses before the end of the year ▶️ Reimburse yourself for things before the end of the year ▶️ Buy that new laptop or other equipment before the end of the year You will get a better refund in 2026 if you do all of this in 2025!
